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Cafe Opportunity In Houghton Le Spring For Sale

Houghton le Spring, County Durham, UK
Asking Price:
£25,000 Furniture / Fixtures included
Turnover:
£50K - £100K
Net Profit:
Available on request

• Long established Café and Sandwich Shop.
• Sales circa £1,800 weekly pre-Covid.
• Located in heart of the town centre.
• 20 cover dining room with scope to increase.
• Ideal for a couple or partnership.
• Spacious premises with good quality fit.
• LEASEHOLD - ASKING PRICE £25,000 plus any stock.

Property Information

Property:

Leasehold

Lease Terms:

The premises will be offered on a new lease for a minimum term of 3 years at a commencing rent of £8,000 per annum, rising to £9,000 per annum in the 2nd year and £10,000 per annum in the 3rd year.

Full terms and conditions to be agreed but the ingoing tenant will be responsible for the landlord’s legal costs in the preparation of the new lease.

Leasehold Rent:

£8,000 per annum

Location:

The business is located on Front Street which is the principal road running through the central business district of Houghton le Spring.

The subject property forms part of an extensive parade of retail premises with occupiers that include Subway, Greggs, Barclays Bank and numerous independents.

The shopping area benefits from ample free car parking and this business is less than a couple of minutes walk away from one of the main car parks.

Premises Details:

This is a long-established café and coffee house which has been operated by our client since 2005 but is now being sold as they have moved away from the region.

The premises are configured to provide a main dining area at the front with up to 20 covers plus a large staff service area. To the rear there is a spacious kitchen and prep room plus a staff toilet.

The menu is traditional café fare with hot and cold drinks and snacks but also includes burgers, wraps and the full breakfasts are particularly popular. The kitchen is well equipped and could be adapted for a range of cuisines.

Viewing is recommended to appreciate the potential and location of this opportunity.

Premises

Comprises a ground floor single storey unit;
Ground Floor

Coffee Shop / Service Area 45 m2 480 ft2
Kitchen & Prep 26 m2 280 ft2
Staff W.C.

Business Operation

Reasons for selling:

Seller has moved away from the region.

Trading hours:

Monday - Friday 9.00pm - 2.30pm
Saturday closed
Sunday closed

Employees:
Can be sold free of staff.
Years established:
15 years.

Contact North East Commercial

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